You might have figured Spain fixed savings-bank problems with a rash of mergers this summer and...

|By:, SA News Editor

You might have figured Spain fixed savings-bank problems with a rash of mergers this summer and new capital, but big banks think otherwise. BBVA (BBVA) and Santander (STD) say the cajas are using tax dollars to launch loss leaders instead of figuring out how to restructure and pay back citizens; sounds a bit like criticism of bailed-out Ally Bank in the U.S.